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Friday, May 13, 2011

Great Takeover Value (NYSE: MTU)

Shares of MTU fell by 2.27% or $-0.11/share to $4.74. Mitsubishi UFJ Financial Group Inc is trading at a price to book ratio of 0.61. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.87 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.43. On average, 3961800 shares of MTU exchange hands on a given day and today's volume is recorded at 1075152. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Mitsubishi UFJ Financial Group, Inc. (MUFJ) is a holding company for The Bank of Tokyo-Mitsubishi UFJ, Ltd.